Local Property Prices for November 2010

Up my street house prices!

As ever with property prices, the picture at a regional level is completely different to the national picture. For example, areas that continue to grow month on month as well as year on year include Bath and North East Somerset, Kingston upon Hull and London boroughs such as Camden and Kensington and Chelsea. All areas aren't performing quite as well as at the start of the year, but the idea in these areas that 'prices are falling' is a complete myth and supply is likely to continue to outstrip demand.

The idea that there is a real 'north south' divide developing for property prices doesn't really come true. Areas in and around London such as Barking and Dagenham are suffering with price falls month on month as is Bexley. However, it is true that some of the worst performing areas are in the North, such as Bolton, Manchester and Stockton on Tees down month on month and year on year. Stoke on Trent is suffering too.

To give you an idea of what's happening in your area, here are November's board counts from around the UK which check out the number of boards that are 'sold' versus 'for sale'

Kate Faulkner, Property Market Analyst and Commentator and Managing Director of Designs on Property, is interviewed by Sarah Walker of BBC's 'To Buy or Not to Buy' to establish whether Selling Property Myth No.1 is true and how to price your property to sell.